Row rect Shape Decorative svg added to bottom Every day we establish paths toward a greener Africa Absa | Corporate and Investment Banking > Insights and Events > Every day we establish paths toward a greener Africa SHARE Another chapter of plugging Africa’s grid to sustainable energy and enabling our client to set new standards for the provision of clean electricity. Beyond environmental benefits, the projects will enable Puma Energy to create employment for local communities. We’re honoured to have partnered with Puma Energy, a prominent global player in the energy sector, in a deal to enhance the availability of reliable, clean, and affordable power for customers in Africa. In response to this deal, Puma Energy has established a Renewable and Lower Carbon Energy Division. This division's mission is to assist Puma Energy’s customers in their energy transition journey. This will reduce greenhouse gas emissions and set a standard on how houses, schools, hospitals, and businesses can run on clean electricity. Beyond environmental benefits, the projects will create employment for local communities. As the Participating Lender and Facility Agent, we look forward to supporting Puma Energy’s ongoing commitment to propelling their customers’ drive towards a sustainable and prosperous future. This is in line with Absa’s commitment to a Just Energy Transition and showcases our capabilities in this sector that is so critical to our future. We look forward to forging more of these types of partnerships to usher in chapters of a sustainable world. We’re invested in your story, and we invite you to write it with us. Contact Dean Hack for more information https://cib.absa.africa/wp-content/uploads/2020/07/file_example_MP3_700KB.mp3 Related Articles DEALS Clean Power. Multiplied. Accelerating solar infrastructure with R2.1 billion for a resilient, diversified energy market. Absa Corporate and Investment Banking has jointly arranged and financed Anthem’s 475 MW Notsi Solar PV Project, a landmark solar development led by Anthem - a leading independent power producer in South Africa. The total cost for the Notsi Solar PV Project was circa R8.7 billion Read more DEALS Strengthening sustainable mining success Absa Corporate and Investment Banking has supported Tharisa Minerals (Pty) Ltd in advancing its next phase of growth through a multi-currency Platinum Group Metals (PGM) offtake-based Prepayment Facility. Read more DEALS At the forefront of scaling energy progress Absa Corporate and Investment Banking acted as Joint Mandated Lead Arranger, Senior Lender and Hedge Provider on the R3.4 billion financing of Mulilo Energy Holdings’ 219MW Orkney solar PV project. Read more